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Energy Demand in Jordan: A Case Study of Energy-Economy Linkages

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  • Charles R. Blitzer

Abstract

Higher world oil prices in the past decade have caused serious economic disruptions in most developing countries, which as a group are highly dependent on imported oil in relation to both the sizes of their economies and their total imports. I Increased oil bills have frequently led to lower aggregate growth rates, more severe balance-of-payments and debt problems, disruptions in energy-using sectors, and domestic inflation. Whether or not world oil prices resume their upward spiral, the oil-importing developing countries will continue to face serious macroeconomic adjustment problems related in one way or another to energy.

Suggested Citation

  • Charles R. Blitzer, 1984. "Energy Demand in Jordan: A Case Study of Energy-Economy Linkages," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 1-20.
    • Handle: RePEc:aen:journl:1984v05-04-a01
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    Cited by:

    1. Wen S. Chern, 1987. "Macroeconomic Impacts of Oil Shocks in Pakistan," Natural Resources Forum, Blackwell Publishing, vol. 11(1), pages 85-91, February.

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    JEL classification:

    • F0 - International Economics - - General

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